India's sugar industry is in dire straits and incurring huge losses. However, the government has created a Sugar Development Fund, and there will now be an incentive to export raw sugar as a new product. Variable Temperatures in North India Could Affect Crops The wheat in North India was sown during the period of October-November 2013. In Karnal, the hub of wheat production in Haryana, the temperature varied between 17–32°C in October and between 11.9–27.2°C in November before dropping to a range of 8-22°C in December. While North India had an extended rainfall in October that proved beneficial for the wheat crop, rains in December 2013 and January 2014 were followed by a dip in temperature that could affect the crops in that region. Advi...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.